Letz mint some ‘ka-ching’

Any one remembers the last frames of the movie …’ I am Legend’ where Will Smith pleads the virus affected people that he has the cure for their desease???

I see myself you and most other people who are long in that glass shielded room with uncle Ben Bernanke sleeping like that sexy bitch in the movie. The only thing different here is he doesn’t seem like he is sleeping or dead..he is taking naps but saying I’m all awake.

Though, we hedged our selves by buying some etfs and shorting some stocks, we lost on our long portfolio….and there’s no hiding it.

Did any body see what happened to Apple yesterday??? Pity the stock 😦 We didn’t have a position but it really felt bad to see the Bears raiding, raping and killing the stock. That actually speaks of the market condition. We need not say anymore.

If you are intelligent play something on the short side or get some ETF’s under your belt. Or even get some puts for the stocks you own. We advised to a few people who were on the chat box about buying puts for MPEL, NZ and RIO and know that some bought but we know at least 7 (if my count on the chat box is right) of them who thought options are too risky!

Don’t visit your portfolios for a few days….atleast untill you hear that somebody called a Helicopter has opened his eyes and shows the virus affected people that he has the medicine. hopefully Gold and oil retreat a little and we some basis for Ben to cut at least 50 points which would be wonderful.